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Bait and Switcher in Chief
Posted: Sat May 13, 2017 2:00 pm
by elklindo69
Congress is not funding the wall.
The Mexicans are not paying for the wall.
No NAFTA negotiation.
No China currency manipulator status.
No Hillary prosecution.
No Trumpcare.
No jobs for the deplorables.
No plan to deal with ISIS.
No draining of the swamp.
No banning of Muslims.
No plan for mass deportations.
And so on..........................
Re: Bait and Switcher in Chief
Posted: Sat May 13, 2017 3:38 pm
by RealJustme
All of that is happening...and more!
Re: Bait and Switcher in Chief
Posted: Sat May 13, 2017 6:03 pm
by sillydaddy
Elk you forgot to add this most important thing to your list...
No Hillary in the White House.
'nuff said :lol: :lol:
Re: Bait and Switcher in Chief
Posted: Sun May 14, 2017 7:27 am
by johnforbes
Elkin is in psychotherapy for Trump Derangement Syndrome.
Re: Bait and Switcher in Chief
Posted: Sun May 14, 2017 7:36 am
by elklindo69
sillydaddy wrote:Elk you forgot to add this most important thing to your list...
No Hillary in the White House.
'nuff said :lol: :lol:
And Obama beat out McCain and Romney...so what.
You sound like Al Bundy bragging about his 4 touchdowns in some meaningless high school football game,
:lol: :lol: :lol: :lol: :lol:
Re: Bait and Switcher in Chief
Posted: Sun May 14, 2017 8:00 am
by johnforbes
The most remarkable thing about the pundit errors in 2016 didn't relate exclusively to politics.
Throughout that year, there were claims by investing gurus that Hillary would be best for the markets because they don't like uncertainty.
While it is true they don't like uncertainty, you had a thoroughly corrupt socialist on the one hand and a tax-cutting businessman on the other.
It seemed like a no-brainer who would be best for investors, and the proof is in the pudding of the 10 or 11 or whatever percent overall market gains since the election.
Will there be a pullback if the business tax is not cut to about 15 percent?
Probably so.
Re: Bait and Switcher in Chief
Posted: Sun May 14, 2017 10:49 am
by Clownkicker
^^^^^ That's johnforbes' obtuse way of saying Clinton's stability would have been better for the markets long term .
Re: Bait and Switcher in Chief
Posted: Sun May 14, 2017 10:55 am
by johnforbes
No, go back and read.
A tax-cutting businessman should be better for the markets in the short and long term.
Still, the trend has been almost alarmingly upward since March 2009 and I'm doing what any prudent investor does at such a point -- hope for the best, but prepare for the next downward turn.
On a related note, my international stocks have done remarkably well this year -- 17 to 25 percent up.
Re: Bait and Switcher in Chief
Posted: Sun May 14, 2017 11:22 am
by Clownkicker
"Still, the trend has been almost alarmingly upward since March 2009 and I'm doing what any prudent investor does at such a point -- hope for the best, but prepare for the next downward turn."-johnforbes
Exactly my point, johnny. Even you are nervously skittish. I bet you're buying puts and selling calls these days.
(I certainly am.)
In your sheepish way you're essentially predicting the mess that we're going to have to face as this ridiculous post-election market euphoria ends when faced with the reality of Trump and a dysfunctional Republican Congress.
Since March, the U.S. markets have already shown us the first signs of faltering. And it's not going to be pretty when they panic in the face of reality.
Re: Bait and Switcher in Chief
Posted: Sun May 14, 2017 3:54 pm
by johnforbes
I'm always in the market, but my positioning changes.
I wouldn't say nervous, but anybody has to be realistic after a long upward path.
As Buffett and Munger often say, if you can't deal with a 50 percent loss at several points in your investing lifetime, you may not be prepared to invest.
I had investments which took hits almost that bad in 2008, but I sold nothing.
Today, I have some investments which themselves own a hedge fund, and I'm pondering a few currency and index option overlay matters.
Re: Bait and Switcher in Chief
Posted: Sun May 14, 2017 5:35 pm
by Clownkicker
When it comes to shaky economic times, johnforbes suffers from a serious case of Freemanic Paracusia.
https://xkcd.com/462/
Re: Bait and Switcher in Chief
Posted: Sun May 14, 2017 6:01 pm
by johnforbes
I don't click on links.
Re: Bait and Switcher in Chief
Posted: Sun May 14, 2017 6:11 pm
by Clownkicker
^^^^^ :lol: Lying douche bag... :lol:
But you don't have to click on anything, dimwit. Just google the term.
Re: Bait and Switcher in Chief
Posted: Mon May 15, 2017 7:27 am
by johnforbes
Please allow me to amplify for clarification.
I never click on links.
Unless I do.
Re: Bait and Switcher in Chief
Posted: Mon May 15, 2017 9:06 am
by Clownkicker
So how did you like that one?
Re: Bait and Switcher in Chief
Posted: Mon May 15, 2017 4:02 pm
by johnforbes
I once clicked on one of Grog's links.
Not since Enrico Fermi's chain reaction of fissioning nuclei have things gotten out of control so rapidly.
There was malware, bad software, defective hardware, and even flying underwear.